PANews reported on March 5 that according to Jinshi, since the historical closing high of 6144.15 points on February 19, the market value of the S&P 500 index has evaporated by about 3.3 trillion US dollars, wiping out all the gains so far this year. Since the beginning of 2025, the S&P 500 index has fallen by about 2%, and the Nasdaq Composite Index has fallen by more than 5%. Jonas Goltermann, assistant chief market economist at Capital Economics, wrote in a report last week, "Since the US election in November last year, until Trump took office, many key trends in financial markets have stagnated or partially reversed." He added, "In other words, the 'Trump deal' narrative that dominated many markets in the fourth quarter of last year is failing."

In addition to the broader market, some sectors that were initially expected to perform well under the Trump administration have lagged since the election. Among them, Bitcoin has been one of the biggest beneficiaries of the post-election rally, but the asset has lost the most momentum. It first broke through $100,000 at the end of last year, but now the largest cryptocurrency is currently trading at around $88,000, down about 20% from its all-time high of just over $109,000 in mid-January.